Centrifugal Pumps:
Centrifugal pumps are one of the most widely used types of pumps in the industrial sector. These pumps work on the principle of centrifugal force to transport fluids. Within the centrifugal pumps segment, sub-segment name offers a specific focus area.
Sub-Segment: Multistage Centrifugal Pumps
Multistage centrifugal pumps are designed to handle high-pressure applications. They consist of multiple impellers arranged in series to generate higher pressure levels. These pumps find extensive applications in industries such as oil and gas, power generation, and water treatment. The ability of multistage centrifugal pumps to provide high-pressure pumping makes them ideal for long-distance fluid transportation, boiler feed applications, and multistage irrigation systems.
The industrial pumps market is highly competitive, with numerous key players operating globally. These players strive to maintain their market position by focusing on strategic initiatives, such as partnerships, collaborations, acquisitions, and product innovations. Some of the prominent market players in the industrial pumps market include:
- Xylem Inc.
- Grundfos Holding A/S
- Flowserve Corporation
- Sulzer Ltd.
- KSB SE & Co. KGaA
- ITT Inc.
- Ebara Corporation
- Wilo SE
- The Weir Group PLC
- Gardner Denver Holdings Inc.
These companies are actively involved in research and development activities to introduce new and innovative products in the market. They also aim to expand their geographical presence and strengthen their distribution networks to enhance their market share.